Question: You are given the following decision tree, with the probabilities at event nodes shown in parentheses and with the payoffs (in dollars) at terminal points

You are given the following decision tree, with

You are given the following decision tree, with the probabilities at event nodes shown in parentheses and with the payoffs (in dollars) at terminal points shown on the right. Analyze this decision tree to obtain the optimal payoff (Hint: This is the expected payoff you would get at the far left decision node) 10 0 (0.5) (0.5) (0.5) 30 - 10 (0.5) -5 (0.4) 40 (0.3) (0.7) (0.6) -10 10 O $7.50 O $2.50 O $15.00 O $8.00 O $10.00

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